Brambles Ltd (OTCPK:BMBLF)
$ 13.304 0.749 (5.97%) Market Cap: 17.82 Bil Enterprise Value: 20.34 Bil PE Ratio: 22.88 PB Ratio: 5.49 GF Score: 82/100

Half Year 2022 Brambles Ltd Earnings Call Transcript

Feb 24, 2022 / 11:00PM GMT
Release Date Price: $7.23
Operator

Thank you for standing by, and welcome to the Brambles Limited 2022 Half-Year Results Call. (Operator Instructions) I would now like to hand the conference over to Mr. Graham Chipchase, CEO. Please go ahead.

Graham Andrew Chipchase
Brambles Limited - CEO, Chairman of Executive Leadership Team & Executive Director

Hello, everyone, and good morning from Sydney. Thank you for joining us today for our 2022 half year results announcement. Today, I'll start by providing a summary of our performance in the half and our updated outlook statement, before Nessa takes you through the detailed financials. I'll then come back to update you on the progress we've made with the shaping our future transformation program.

Turning to Slide 3 and the key messages from our half year performance. We delivered strong sales revenue growth of 8% and underlying profit was up 4% at constant currency ahead of our FY '22 guidance. This performance was driven by price realization in all our regions to recover inflationary cost pressures and other cost-to-serve increases. Our

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